Real-money gaming companies could face an RBI blow
The grouping of the sector alongside betting and gambling firms in the tax regime opens up the prospect of the central bank denying it access to payment gateway services.
3 October, 2023•8 min
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3 October, 2023•8 min
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ED freezes assets worth over Rs 520 cr in raids on WinZO, Gameskraft, others
The financial crime agency has linked the frozen funds to alleged gameplay manipulation, unrefunded balances and violations of India’s real-money gaming ban.
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